(VIANEWS) – The NASDAQ ended the session with Cadence Design Systems (CDNS) rising 5.43% to $184.56 on Thursday while NASDAQ Composite jumped 1.04% to $15,412.09.
Volume
Today’s last reported volume for Cadence Design Systems is 933945, 18.28% below its average volume of 1142870.
Cadence Design Systems’s last close was $175.05, 7.91% under its 52-week high of $190.09.
Cadence Design Systems’s Sales
Cadence Design Systems’s sales growth is 11.6% for the ongoing quarter and a decline by 1.6% for the next. The company’s growth estimates for the present quarter is 7.1% and a drop 9.6% for the next.
Cadence Design Systems’s Revenue
Year-on-year quarterly revenue growth grew by 12.6%, now sitting on 2.98B for the twelve trailing months.
Stock Price Classification
According to the stochastic oscillator, a useful indicator of overbought and oversold conditions,
Cadence Design Systems’s stock is considered to be overbought (>=80).
Cadence Design Systems’s Stock Yearly Top and Bottom Value
Cadence Design Systems’s stock is valued at $184.56 at 16:15 EST, below its 52-week high of $190.09 and way above its 52-week low of $113.80.
Cadence Design Systems’s Moving Average
Cadence Design Systems’s value is way above its 50-day moving average of $167.03 and way higher than its 200-day moving average of $146.24.
More news about Cadence Design Systems (CDNS).
